The PanSlovenian Investors’ & Shareholders’ Association (VZMD) welcomes the fact that also now the Supreme Court of the Republic of Slovenia bolstered the opinion, voiced by the VZMD's associates since December 4, 2013 when they lodged the first initiative for a constitutional review of the amendment of the Banking Act (ZBan-1L) – that this law with which the self-proclaimed "domestic troika" nationalized as many as six Slovenian banks is unconstitutional and even to such extent that it violates a number of constitutionally protected human rights.

The Supreme Court judges - besides a highly categorical position that the law deprived expropriated persons of the judicial protection right in the text that can be found HERE - have also agreed with the Advocate-General of the European Court of Justice that the Bank of Slovenia has evaded responsibilty and faked ignorance by referencing the "rules" of the European Commission (item 9 of the explanation), and expressed their strong opinion that the Bank of Slovenia encroached upon the constitutionally protected right to private property through the expropriation decisions (item 16).

"Thus the Supreme Court concurs with requests for the constitutional review (the Ombudsman, the National Council of the Republic of Slovenia, the District Court in Ljubljana and the Higher Court in Ljubljana) and with 26 initiatives for the constitutional review of which the first one was outlined and written by the VZMD's associates," is how the VZMD President, Mr. Kristjan Verbi?, commented on the contents of the request for the constitutional review which was referred by the Constitutional Court of the Republic of Slovenia to the Supreme Court of the Republic of Slovenia.